---
schema_version: "secwatch.filing_event.v1"
accession: "0000766829-23-000122"
form_type: "8-K"
ticker: "HTO"
cik: "0000766829"
company_name: "H2O AMERICA"
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T22:32:33.970986+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SJW Group Q2 diluted EPS $0.58, up 53% YoY; reaffirms FY23 EPS $2.40-$2.50

## Summary
- Net income $18.3M ($0.58/diluted share) vs $11.6M ($0.38) in Q2 2022, driven by rate filings and tax reserve release.
- Operating revenue $156.9M, up 5% from $149.0M; weather-driven lower usage offset $9.0M.
- Quarterly dividend declared at $0.38 per share, unchanged.
- Reaffirmed 2023 guidance: diluted EPS $2.40-$2.50; regulated infrastructure investments ~$255M.
- California Cost of Capital decision provides WCCM-adjusted ROE of 9.31%; effective July 31, 2023.

## SEC filing metadata
- accession: 0000766829-23-000122
- form_type: 8-K
- ticker: HTO
- cik: 0000766829
- company_name: H2O AMERICA
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/766829/000076682923000122/0000766829-23-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/766829/000076682923000122/sjw-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000766829-23-000122
- JSON: https://secwatch.observer/filing/0000766829-23-000122.json
- Plain text: https://secwatch.observer/filing/0000766829-23-000122.txt

## Key facts
- Earnings Releases
  H2O AMERICA reported financial results for the quarter ended June 30, 2023.
  - Period: the quarter ended June 30, 2023
  - Result: reported results
  source text: On July 31, 2023, SJW Group announced its financial results for the quarter ended June 30, 2023. A copy of the press release announcing the financial results is attached hereto as Exhibit 99.1 and incorporated into this Item 2.02 of Form 8-K by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/766829/000076682923000122/0000766829-23-000122-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
